Newswire: Netflix passes on Seinfeld, other services are bidding $500k an episode
What’s the deal with video streaming services? Did you ever notice how none of them in the U.S. have Seinfeld? What’s the deal with that? Well, according to The Wall Street Journal, the deal is that most of the major streaming services (plus Yahoo) are still fighting over the streaming rights to Seinfeld and, unsurprisingly, Sony wants a ton of money for them.
Note that not all of the major streaming services are interested, though, as Netflix apparently “took a hard look” at Seinfeld last year and decided to pass on the show. The WSJ suggests this is because Sony wants more money per episode than what Netflix paid for Friends, and Netflix doesn’t want to hurt its wrist by signing all of those checks.
As for how much money Sony is hoping to get, the report says it’s looking to get at least $500k …